The Market Gives Obama a Rodney Dangerfield Reception Today

One of my favorite comedians of all time was Rodney Dangerfield.

I used to crack up just watching his antics and facial expressions on stage as he delivered hilarious one-liner after another. His constant tie-pulling as he delivered punch line after punch line, and the bug-eyed look on his face as he told his jokes just had me in stitches most of the time.

One of his most famous "shticks" always began with something like "I tell ya, I don't get no respect, no respect at all..." He would then regale his audience with "reasons why" that was true, with the audience usually howling with laughter as the short stories came out.

Here's a quick one for your enjoyment...

"I tell ya, I get no respect from anyone. I bought a cemetery plot. The guy said, "There goes the neighborhood!"

Yeah, I really miss ole Rodney. May he rest in peace.

And speaking of "getting no respect"...

Newly inaugurated President Barrack Obama certainly got none from the stock market today. The Dow swan-dived over 332 points, while the Nasdaq tanked 88.47. It was not pretty, just a downhill slide all day long. Financial woes reared their ugly head once again, and it was "Katy bar the door" after that.

Nope. No respect for Obama. None at all.

But I did manage to find a handful of "respectful" charts today.

The ARM Play I'm about to name certainly has one of those today. The stock recently had back to back gains of over 29% and 51% before succumbing to profit-taking. But the small-cap stock was up over 20% today in a horrible market, and may be about to blast to the upside once again. I'll tell my Members all about tonight.